Author Question: A determinant of the price elasticity of supply is the extent to which A) consumers like the ... (Read 141 times)

WWatsford · **on:** Jun 29, 2018

A determinant of the price elasticity of supply is the extent to which

A) consumers like the quality of the good.
B) the demand for the good is relatively elastic.
C) the good has many consumer substitutes.
D) production of the good uses commonly available resources.

Question 2

The first antitrust law passed was the ________.

A) Federal Trade Commission Act
B) Sherman Act
C) Clayton Act
D) Robinson-Patman Amendment